PCAOB May 29, 2026
PCAOB Establishes Inspections Modernization Council
The Public Company Accounting Oversight Board is forming a new advisory panel as the regulator looks to modernize how it inspects the work of public company audit firms.
Firm Management November 28, 2023
Two Texas CPA Firms to Join Forces Next Year
Houston-based firm abip CPAs & Advisors and San Antonio-based firm Brehm, Havel & Co. will merge effective Jan. 1, 2024.
Firm Management November 28, 2023
PwC Cuts 2% of Workforce in Canada
The Big Four firm employs about 7,000 people in Canada, so the job cut would amount to about 150 people.
Firm Management November 28, 2023
KPMG Freezes Pay and Cuts Bonuses in the U.K.
Raises would be prioritized for staff who have been promoted, and employees will receive a smaller bonus than in previous years.
Firm Management November 27, 2023
H&CO Acquires Orlando CPA Firm Grennan Fender
The top 200 accounting firm says adding Grennan Fender will strengthen the advisory services it provides to clients.
Accounting November 27, 2023
FASB Issues New Rules on Segment Reporting
The guidance will provide investors with additional useful information about a public company's segment expenses, the FASB says.
Taxes November 27, 2023
Republicans Protest Biden’s IRS Threshold Requirement for Online Purchases
The IRS said last week it is once again delaying implementation of the new $600 1099-K threshold for tax year 2023.
Accounting November 24, 2023
Trump Org Controller Weeps at NYC Fraud Trial
Jeffrey McConney fell to pieces testifying about the dramatic end to his storied career working for Donald Trump.
Accounting November 24, 2023
Accountant Pleads Guilty to Stealing More Than $715,000 From Dermatology Clinic
Carol Casilla, 26, of Spokane, WA, faces up to 20 years in prison for the one count of wire fraud. She will be sentenced in February.
Digital Currency November 24, 2023
Binance Pleads Guilty to U.S. Charges, Loses CEO
As part of the sweeping settlement with the U.S., Changpeng Zhao will pay a $50 million fine and step down as CEO of Binance.
Firm Management November 24, 2023
Weaver to Add New York CPA Firm Buchbinder Tunick
Effective Jan. 1, 2024, the deal adds 125 audit, tax, and advisory professionals, including 16 partners, to the top 35 firm.
Taxes November 22, 2023
Shakira Reaches Deal to Settle Spanish Tax Fraud Case Before Trial Begins
According to the Associated Press, the Colombian pop star’s deal includes a suspended three-year sentence and a €7 million fine.
Taxes November 22, 2023
Ex-Kentucky CPA Accused of Failing to Report More Than $300,000 on Federal Taxes
A federal grand jury indicted Charles M. Stivers last week on two charges of making false statements on tax returns in 2018 and 2020.